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For the record, I didn’t care too much for Rich Dad Poor Dad initially. It was too basic for me. But after some reflecting, I realized that the general population really needs this basic understanding. The average American essentially struggles to make ends meet - regardless of how much income they make. People with six figure salaries have more bills and debt that they can afford. So in hindsight, cheers to Robert Kiyosaki and the Rich Dad team for some basic and fundamental personal finance lessons.

My very quick summary of the book: invest your money and live by your returns. That’s basically it. We all have steady expenses every month. $300 for car payments, $500 credit card payments, $2000 on a mortgage, etc. What Rich Dad Poor Dad teaches is instead of letting all the monthly bills pile up faster than your income does, you should invest your money and earn a return higher than those expenses. For example - real estate (arguably the best long-term investment even today): if you make a solid purchase of an income generating property. So the property you purchase carries total monthly expenses including mortgage and tax of say $1500. And let’s say you rent it out for $2000, netting you $500 in monthly income. Great - there’s your justification for buying a nice car. So your actual expense doesn’t increase by purchasing this car if done so after purchasing an investment vehicle.

Clear enough for you? Now - just do it five times over to cover your total monthly expenses. It’s hard work - but a great long-term plan.